324 3RD ST New Jersey
Website: | https://www.nestseekers.com/3287256 |
---|---|
Address: | 324 3RD ST JC, Downtown, NJ 07302 |
Ownership: | income-property |
---|---|
Rooms: | 2 |
Bathrooms: | 4 |
Pets: | Pets Allowed |
Financials
Price: | $2,999,999 |
---|---|
Annual Taxes: | $17,396 |
Description
Distinguished Opportunity: The Barge Inn - Restaurant, Bar, and Four Apartment Units Presenting an iconic opportunity to acquire not just one, but two well-established and highly successful businesses – The Barge Inn, a renowned restaurant and bar, along with four accompanying apartment units. This corner property, strategically positioned just off Newark Avenue, has proudly served as a neighborhood cornerstone for over five decades. Encompassing the full footprint of the lot, this property offers a myriad of possibilities for investors and entrepreneurs alike. Ideally located in proximity to Newark Avenue's pedestrian plaza and restaurant row, this establishment has been a consistent presence in the community. The Grove Street PATH features four apartments, each thoughtfully designed for modern living. Unit 1 comprises a one-bedroom with a bonus room and one bath, while Units 2 and 3 offer two bedrooms and one bath each. Unit 4 is a well-appointed one-bedroom with one bath. Alongside the residential units, the property includes a thriving restaurant and bar, both contributing to the allure of this investment. Currently, the owner is in the process of developing plans for a strategic redevelopment, presenting a substantial opportunity for new development in this prime location. The entire building, including the restaurant, bar, and apartments, can be delivered vacant, offering a clean slate for visionary projects. Explore the immense potential of this distinguished property – an iconic establishment poised for a new chapter of success. For further details or to discuss this unparalleled opportunity, kindly contact us at your earliest convenience.
Contact
140 Bay St, Suite 1 Jersey City, NJ 07302 Phone: +1201-225-8655 Fax: +1201-604-6474 | |
Courtesy of KELLER WILLIAMS CITY VIEWS () |